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Explore Oregon agriculture and learn what makes it unique.
Oregon is an agriculturally diverse state, producing more than 250 different commodities and ranks 28th in the US for commodities sold. The only state that produces a wider variety of crops than Oregon is California. There are a total of 37,616 farms in the state spread across 15.9 million acres. Oregon ranks number 1 in the nation for the production of Hazelnuts, Crimson Clover, several types of seeds, Azalea flowers, Christmas trees, Rhubarb, and Blueberries.
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Over the last 20 years, oregon farmland has offered average returns of 9.58%. At this rate, $10,000 invested in farmland in 2003 would now be worth over $61,055. Farmland returns are made up of two values, land appreciation, and capitalization rates of the property. Total farmland returns have been positive every year since 1990.
9.6%
Average Annual Returns
Cumulative Returns of Farmland
Source: NCREIF
4.5%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF